Vermont-based aerospace company BETA Technologies has officially gone public.Top video: See previous coverageBETA, which operates out of South Burlington, announced its initial public offering of nearly 30 million shares of Class A stock on the New York Stock Exchange on Tuesday morning.BETA will trade under the stock symbol “BETA” and is giving underwriters a 30-day option to purchase up to an additional 4,477,941 shares of stock at the IPO price. BETA raised roughly $1 billion through the sale.BETA designs, manufactures and sells electric aircrafts with facilities in South Burlington, St. Albans and Plattsburgh.Company Founder and Chief Executive Officer Kyle Clark and his wife, Katie Clark, rang the opening bell at the NYSE to officially announce BETA’s entrance as a publicly traded company. Shares of BETA are priced at $34 each. BETA said the move is a big step forward for the company to expand its footprint both…
BETA Technologies begins trading on New York Stock Exchange
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